Vice President Kashim Shettima has stressed that Nigeria’s adoption of an autonomous transport system will position the country as a global leader in transportation. He made this statement during the Intelligent Transportation System (ITS) Summit held in Abuja. Organized by the Chartered Institute of Transport Administration, the summit was themed “Intelligent Transport System – A […]
The Nigerian Airspace Management Agency (NAMA) has issued a statement to clarify the details surrounding the incident involving United Airlines flight UAL 613. The flight, which departed from Lagos to Washington on January 24, 2025, with 256 passengers and 11 crew members on board, did not initiate a return to Nigeria’s airspace as previously reported. […]
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As Nigeria faces a severe food crisis, Vice President Kashim Shettima has emphasized that hunger is unjustifiable, given the country’s vast agricultural potential. At the launch of Springfield Agro Limited’s Crop Protection Chemical Plant in Ogun State, the Vice President, represented by Senator Sabi Abdullahi, the Minister of State for Agriculture, highlighted Nigeria’s favorable climate, […]
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Central banks play a pivotal role in stabilizing a nation’s currency and economy through the implementation of monetary policies. However, their actions are often misunderstood, especially during times of economic challenges. According to PwC, it is crucial for central banks to communicate their objectives clearly and effectively to foster a proper understanding and positive public […]
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Artificial Intelligence (AI) is transforming the world by creating machines that can think, learn, and perform tasks like humans. While the field of AI traces its roots to the British mathematician Alan Turing, it’s the American computer scientist John McCarthy who is recognized as the father of AI. He also coined the term “Artificial Intelligence” […]
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Lagos Federal High Court Lifts Mareva Injunction Against GHL In a significant legal victory for General Hydrocarbons Limited (GHL), the Federal High Court in Lagos has overturned a Mareva injunction that had previously frozen the company’s assets along with those of its directors. Court Rules in Favor of GHL The decision came after GHL’s legal […]
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The Nigerian Shippers’ Council (NSC) has announced that the long-awaited International Cargo Tracking Note (ICTN) will officially commence implementation in the second quarter of 2025. This initiative is designed to enhance monitoring, improve cargo movement oversight, and significantly boost transparency within Nigeria’s maritime sector. Nigeria’s Economic Losses Due to ICTN Non-Implementation As of October 2024, […]
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VP Shettima Emphasizes Multi-Dimensional Strategies While Governor Zulum Observes Addressing Root Causes of Insecurity Alongside Military Efforts At the 5th Lake Chad Basin Governors’ Forum held in Maiduguri, President Bola Ahmed Tinubu underscored the need for a multifaceted strategy to combat terrorism, insurgency, and security threats in the region. Speaking through Vice President Kashim Shettima, […]
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Pastor Chris Oyakhilome DSc DSc DD And they that be wise shall shine as the brightness of the firmament; and they that turn many to righteousness as the stars for ever and ever (Daniel 12:3). Our theme verse isn’t talking about every Christian; it is specifically referring to those who win souls, those who turn […]
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Nigerian Stock Market Records Positive Growth The Nigerian Exchange Limited (NGX) closed on a strong note yesterday as market capitalisation surged by N365 billion, driven by the release of full-year 2024 financial results from listed companies. At the end of trading, the All-Share Index (ASI) increased by 590.55 points, reflecting a 0.57% gain, closing at […]
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The Abia State Government has pledged to collaborate with the National Agency for Food and Drug Administration and Control (NAFDAC) to eliminate counterfeit and expired products from the Eziukwu Road Market in Aba, commonly known as Cemetery Market. The Commissioner for Trade and Commerce, Kingsley Nwokocha, made this declaration during a visit to Eziukwu Market, […]
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A U.S. plane carrying 64 people collided midair with an Army Black Hawk helicopter at Reagan Airport, causing an explosion and emergency response operations. A tragic midair collision occurred at Ronald Reagan Washington National Airport on Wednesday night when a commercial aircraft collided with a U.S. Army Black Hawk helicopter. The jet, operated by PSA […]
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Introduction A recent survey by the Central Bank of Nigeria (CBN) has revealed that financial institutions experienced a significant increase in loan defaults during the fourth quarter of 2024 (Q4’24). The findings indicate a surge in default rates across all lending categories, including secured, unsecured, and corporate loans. Key Findings from the Report The report, […]
